DJ Analog Devices Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Analog Devices Inc. $(ADI)$ slid 4.25% to $216.26 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 2.70% to 5,614.56 and Dow Jones Industrial Average falling 2.08% to 41,911.71.
Analog Devices Inc. closed 12.48% short of its 52-week high of $247.10, which the company achieved on February 20th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Broadcom Inc. $(AVGO)$ fell 5.39% to $184.45, Texas Instruments Inc. $(TXN)$ fell 2.12% to $186.49, and KLA Corp. $(KLAC)$ fell 4.63% to $678.36.
Trading volume (4.9 M) eclipsed its 50-day average volume of 3.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 10, 2025.
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(END) Dow Jones Newswires
March 10, 2025 16:38 ET (20:38 GMT)
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